SOUTHERN PACIFIC TRANSPORTATION CO. v. COMMISSIONER

Docket Nos. 7501-72, 7502-72, 8646-72 — 8648-72.

90 T.C. 771 (1988)

SOUTHERN PACIFIC TRANSPORTATION COMPANY, TRANSFEREE, ET AL., PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed April 21, 1988.


Attorney(s) appearing for the Case

William E. Saul, Claude F. Kolm, Brian J. McKenna, and Arnold I. Weber, for the petitioners.

William E. Bonano and Rebecca T. Hill, for the respondent.


JACOBS, Judge:

Notices of income tax deficiencies and transferee liabilities for these consolidated cases concern the years 1962 through 1968.2 The deficiencies, as determined by respondent, are as follows:


Year                                           Amount3

1962 .....................................  $14,087,392
1963 .........

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